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MY NEW PATTERN

sommerxp
Jan 15 2014 at 14:38
6 posts
so You waiting for 140. 000-ish and take a long buy position?? Me to , but it will be most probably in monday -tuesday next week hope so anyway we have to wait few days

CrazyTraderfx (CrazyTrader)
Jan 15 2014 at 16:23
1718 posts
sommerxp posted:
so You waiting for 140. 000-ish and take a long buy position?? Me to , but it will be most probably in monday -tuesday next week hope so anyway we have to wait few days


Yes...

If it can't bounce or hold... price will start a bearish pattern on BB Low H4.

CrazyTraderfx (CrazyTrader)
Jan 15 2014 at 23:46
1718 posts
Here just a nice bullish pattern on NZDUSD Min30:




That was a bullish Pattern:

- So the begining is a long signal. (Step 1)

- The end of the pattern suggests a sell signal. (Step 3)


Look at both signals: 15 SL pips was enough.

CrazyTraderfx (CrazyTrader)
Jan 17 2014 at 22:01
1718 posts
Market looks kind and it's willing to offer the Long entry on 38% Fib



You have noticed that BB on H4 is now straight and narrow again... meaning that a price action is ready to happen any time.


So as it gets close from BB Low, market could break 38% Fib and starts Step 1 of bearish Pattern. This would lead to the continuation of the 'Inside (Step 2)' on Daily Pattern and market will retrace to the 50% Fib.



The Pattern is easy to follow and understand... it's like a matriochka




Attachments:


sommerxp
Jan 19 2014 at 16:10
6 posts
CrazyTraderfx (CrazyTrader)
Jan 20 2014 at 00:41
1718 posts
Support bought @ 140.55 SL 10 pips is enough

CrazyTraderfx (CrazyTrader)
Jan 20 2014 at 01:04
1718 posts
A very tight SL as Bearish pattern is on Step 1 on 15Min, 30Min, H1 and it would be on H4 price closes below 140.50

CrazyTraderfx (CrazyTrader)
Jan 21 2014 at 03:42
1718 posts
CrazyTraderfx (CrazyTrader)
Jan 24 2014 at 22:15
1718 posts
Ok Let's go to 50% Fib


PTG (ProTradersGroup)
Jan 25 2014 at 13:41
386 posts
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